The robotic welding market (with peripherals) size is projected to reach USD 11.7 billion by 2026 from an estimated USD 7.1 billion in 2021, at a CAGR of 10.5% from 2021 to 2026. The intensifying adoption of Industry 4.0 principles is among the factors driving the growth of the robotic welding market.
The spot welding segment held the major share of the robotic welding market in 2020, and this trend is expected to continue during the forecast period.
In 2020, the spot welding robots segment held the largest share of the robotic welding market (with peripherals), and this trend is expected to continue from 2021 to 2026. Robotic spot welding, depending on the payload, offers significant advantages in the form of low-space requirements, heavy machine lifting (including welding guns and metal sheets), and strong, accurate, and high-quality welds. All these factors lead to the preference for robotic spot welding. This welding type is particularly useful for heavy-duty applications in automobile manufacturing. It is also used in the metals and machinery, as well as electronics and semiconductors industries that require highly precise welding. The key players in the market, including YASKAWA Electric Corporation, Kawasaki Heavy Industries, Ltd., Comau S.p.A., KUKA AG, and FANUC Corporation, offer innovative spot welding robots for different end-use industries, including automotive and transportation, consumer goods, electronics, food and beverages, metals and machinery, plastics, construction, and packaging.
The automotive and transportation segment held the largest share of the robotic welding market (with peripherals)
In 2020, the automotive and transportation segment held the largest share of the robotic welding market (with peripherals), and this trend is projected to continue from 2021 to 2026. The growth of this segment of the market can be attributed to constant advancements in automotive manufacturing technologies and the intense competition in the global automotive market. This has led automotive manufacturers to invest strategically in their manufacturing infrastructures to gain the highest production output with minimal wastages. Robotic welding is capable of fulfilling the requirements of the automotive and transportation industry. Thus, automotive manufacturers are investing significantly in the deployment of smart manufacturing technologies in their plants.
Based on region, APAC is expected to account for the largest share of the robotic welding market by 2026
APAC is projected to account for the largest share of the overall robotic welding market (with peripherals) in 2026. The market in this region is projected to grow at the highest CAGR during the forecast period. The key factor contributing to the growth of the robotic welding market in APAC is the presence of countries such as China, Japan, India, and South Korea, which have emerged as manufacturing hubs for electronic equipment, devices, and components. These countries are also home to automotive and other industries that require welding robots for increasing their production volume and reducing their overall production time. Moreover, the industrial transformation with the adoption of digitalization is projected to transform manual processes into digital processes in the manufacturing industry. All these factors are expected to support the growth of the robotic welding market in APAC in the future.
In-depth interviews have been conducted with chief executive officers (CEOs), marketing managers, and other executives from various key organizations operating in the robotic welding marketplace.
- By Company Type: Tier 1 - 45%, Tier 2 - 35%, and Tier 3 - 20%
- By Designation: C-Level Executives - 35%, Managers - 43%, and Others - 22%
- By Region: North America - 33%, Europe - 30%, APAC - 24%, and RoW - 13%
FANUC Corporation (Japan), YASKAWA Electric Corporation (Japan), KUKA AG (Germany), ABB (Switzerland), Kawasaki Heavy Industries, Ltd. (Japan), Panasonic Corporation (Japan), DAIHEN Corporation (Japan), NACHI-FUJIKOSHI CORP. (Japan), Comau S.p.A. (Italy), and Hyundai Robotics (South Korea) are some of the key players in the robotic welding market.
The study includes an in-depth competitive analysis of these key players in the robotic welding market, with their company profiles, recent developments, and key market strategies.
Research Coverage
The report defines, describes, and forecasts the robotic welding market based on type, payload, end-user, and region. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the robotic welding market. It also analyzes product launches, collaborations, joint ventures, acquisitions, expansions, and partnerships, carried out by the key players to grow in the market.
Key Benefits of Buying the Report
This report will help market leaders/new entrants in this industry with information on the closest approximations of the revenue numbers for the overall robotic welding market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition and Scope
1.2.1 Inclusions and Exclusions
1.3 Scope
Figure 1 Robotic Welding Market Segmentation
1.3.1 Years Considered
1.4 Currency
1.5 Market Stakeholders
1.6 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 2 Robotic Welding Market: Research Design
2.1.1 Secondary Data
2.1.1.1 List of Key Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Industry Insights
2.2 Factor Analysis
Figure 3 Market Size Estimation Methodology: Approach 1-Top-Down (Supply Side)-Revenues Generated by Companies from Sales of Welding Robots (With Peripherals)
Figure 4 Market Size Estimation Methodology: Approach 1-Top-Down (Supply Side)-Illustration of Revenue Estimations for One Company in Robotic Welding Market (With Peripherals)
Figure 5 Market Size Estimation Methodology: Approach 2-Bottom-Up (Demand Side)-Demand for Welding Robots (With Peripherals)
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.1.1 Approach for Obtaining Market Share Using Bottom-Up Analysis (Demand Side)
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Top-Down Approach
2.3.2.1 Approach for Obtaining Market Share Using Top-Down Analysis (Supply Side)
Figure 7 Market Size Estimation Methodology: Top-Down Approach
2.4 Market Breakdown and Data Triangulation
Figure 8 Data Triangulation
2.5 Research Assumptions and Limitations
2.5.1 Assumptions
2.5.2 Limitations
3 Executive Summary
3.1 Impact of COVID-19 on Robotic Welding Market
Figure 9 Global Propagation of COVID-19
Table 1 Recovery Scenarios for Global Economy
3.2 Realistic Scenario
3.3 Optimistic Scenario
3.4 Pessimistic Scenario
Figure 10 Growth Projections of Robotic Welding Market (With Peripherals) in Realistic, Optimistic, and Pessimistic Scenarios
Figure 11 Pre- and Post-COVID-19 Scenarios of Robotic Welding Market (With Peripherals)
Figure 12 Spot Welding Robots Segment to Hold Largest Share of Robotic Welding Market (With Peripherals) in 2021 and 2026
Figure 13 >150 Kilogram Payload Segment to Account for Largest Size of Robotic Welding Market (With Peripherals) from 2021 to 2026
Figure 14 Automotive and Transportation Segment of Robotic Welding Market (With Peripherals) to Grow at Highest CAGR from 2021 to 2026
Figure 15 APAC to Lead Robotic Welding Market (With Peripherals) from 2021 to 2026
4 Premium Insights
4.1 Attractive Growth Opportunities in Robotic Welding Market (With Peripherals)
Figure 16 Increasing Adoption of Digitalization, IoT, and Industry 4.0 to Fuel Market Growth
4.2 Robotic Welding Market (With Peripherals), by Type and Payload
Figure 17 Spot Welding Robots and >150 Kilogram Payload Segments to Account for Largest Shares of Robotic Welding Market (With Peripherals) in 2026
4.3 Robotic Welding Market (With Peripherals), by End-user
Figure 18 Automotive and Transportation Segment to Account for Largest Size of Robotic Welding Market (With Peripherals) from 2021 to 2026
4.4 Robotic Welding Market (With Peripherals), by Region
Figure 19 APAC to Account for Largest Share of Robotic Welding Market (With Peripherals) in 2021 and 2026
4.5 Robotic Welding Market (With Peripherals), by Country
Figure 20 Robotic Welding Market (With Peripherals) in China to Grow at Highest CAGR from 2021 to 2026
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 21 Robotic Welding Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Intensifying Adoption of Industry 4.0 Principles
5.2.1.2 Increasing Adoption of Welding Robots in Automotive and Transportation Industries
5.2.1.3 Ongoing Penetration of 5G in Industrial Manufacturing
Figure 22 Robotic Welding Market: Drivers and Their Impact
5.2.2 Restraints
5.2.2.1 Perceived Notion of Losing Jobs Due to Automation
5.2.2.2 High Initial Costs Associated with Installation of Welding Robots for SME
Figure 23 Robotic Welding Market: Restraints and Their Impact
5.2.3 Opportunities
5.2.3.1 Government Initiatives to Support Digital Transformation in APAC
5.2.3.2 Emergence of Laser and Plasma Welding Technologies
Figure 24 Robotic Welding Market: Opportunities and Their Impact
5.2.4 Challenges
5.2.4.1 Lack of Skilled Workers for Operating Welding Robots
Figure 25 Robotic Welding Market: Challenges and Their Impact
5.3 Supply Chain Analysis
Figure 26 Robotic Welding Supply Chain
5.4 Trends/Disruptions Impacting Business of Customers
5.4.1 Revenue Shift and New Revenue Pockets for Robotic Welding Market
Figure 27 Revenue Shift in Robotic Welding Market
5.5 Robotic Welding Ecosystem
Figure 28 Robotic Welding Ecosystem
Table 2 List of OEMs, Suppliers, and Distributors of Welding Robots
5.6 Porter’s Five Forces Model
Table 3 Robotic Welding Market: Porter’s Five Forces Analysis
Figure 29 Porter’s Five Forces Analysis
5.6.1 Intensity of Competitive Rivalry
5.6.2 Bargaining Power of Suppliers
5.6.3 Bargaining Power of Buyers
5.6.4 Threat of Substitutes
5.6.5 Threat of New Entrants
5.7 Case Study
5.7.1 Universal Welding Cell Offered by Enko Staudinger GmbH Helped Kauth GmbH Und Co. Kg in Achieving Welding Flexibility
5.7.2 Indiana-Based Crown Equipment Replaced Its Existing Mig and Stick Welding Processes with Welding Robots and Cells to Reduce Production Downtime
5.7.3 Kawasaki Motors Manufacturing Corp. Reduced Reliance on Manual Welding Using Arc Welding Robots
5.7.4 Motion Controls Robotics Built a Turnkey System for Luk Usa LLC
5.8 Technology Analysis
5.8.1 Key Technologies
5.8.1.1 Tig Welding
5.8.1.2 Mig Welding
5.8.1.3 Submerged Arc Welding
5.8.1.4 Friction Stir Welding
5.8.1.5 Explosion Welding
5.8.2 Complementary Technology
5.8.2.1 Penetration of Industrial Internet of Things (IIoT) and Ai in Industrial Manufacturing
5.9 Average Selling Price Analysis
Table 4 Average Selling Prices of Welding Robots (Without Peripherals)
5.10 Trade Analysis
5.10.1 Import Scenario
Table 5 Import Data, by Country, 2016-2020 (USD Million)
5.10.2 Export Scenario
Table 6 Export Data, by Country, 2016-2020 (USD Million)
5.11 Patent Analysis, 2015-2020
Table 7 Top 20 Patent Owners in the US from 2011 to 2020
Figure 30 Patents Granted Worldwide from 2011 to 2020
Figure 31 Top 10 Companies with Highest Number of Patent Applications from 2011 to 2020
5.12 Tariffs and Regulations
5.12.1 Tariffs
Table 8 Mfn Tariffs Imposed on Exports of Industrial Robots by the US
Table 9 Mfn Tariffs Imposed on Export of Industrial Robots by China
5.12.1.1 Positive Impact of Tariffs on Industrial Robot Manufacturers
5.12.1.2 Negative Impact of Tariffs on Industrial Robot Manufacturers
5.12.2 Regulatory Compliance
5.12.2.1 Regulations and Standards Followed in Countries of North America
5.12.2.2 Regulations and Standards Followed in Countries of Europe
5.12.2.3 Regulations and Standards Followed in Countries of APAC
6 Robotic Welding Market, by Type
6.1 Introduction
Figure 32 Robotic Welding Market, by Type
Figure 33 Spot Welding Robots Segment to Account for Largest Size of Robotic Welding Market (With Peripherals) in 2021
Table 10 Robotic Welding Market (Without Peripherals), by Type, 2017-2020 (USD Million)
Table 11 Robotic Welding Market (Without Peripherals), by Type, 2021-2026 (USD Million)
Table 12 Robotic Welding Market (Without Peripherals), by Type, 2017-2020 (Units)
Table 13 Robotic Welding Market (Without Peripherals), by Type, 2021-2026 (Units)
Table 14 Robotic Welding Market (With Peripherals), by Type, 2017-2020 (USD Million)
Table 15 Robotic Welding Market (With Peripherals), by Type, 2021-2026 (USD Million)
6.2 Arc Welding Robots
6.2.1 Adoption of Arc Welding Robots for Use in Applications That Require Accuracy and High Repeatability
Figure 34 Automotive and Transportation Segment to Hold Largest Size of Robotic Welding Market (With Peripherals) in 2021
Table 16 Robotic Arc Welding Market (With Peripherals), by End-user, 2017-2020 (USD Million)
Table 17 Robotic Arc Welding Market (With Peripherals), by End-user, 2021-2026 (USD Million)
Table 18 Robotic Arc Welding Market (With Peripherals), by Region, 2017-2020 (USD Million)
Table 19 Robotic Arc Welding Market (With Peripherals), by Region, 2021-2026 (USD Million)
6.3 Spot Welding Robots
6.3.1 Deployment of Spot Welding Robots for Heavy-Duty Applications in Different Industries
Table 20 Robotic Spot Welding Market (With Peripherals), by End-user, 2017-2020 (USD Million)
Table 21 Robotic Spot Welding Market (With Peripherals), by End-user, 2021-2026 (USD Million)
Table 22 Robotic Spot Welding Market (With Peripherals), by Region, 2017-2020 (USD Million)
Table 23 Robotic Spot Welding Market (With Peripherals), by Region, 2021-2026 (USD Million)
6.4 Others
Figure 35 Aerospace and Defense Segment of Other Robotic Welding Market (With Peripherals) to Grow at Highest CAGR from 2021 to 2026
Table 24 Other Robotic Welding Market (With Peripherals), by End-user, 2017-2020 (USD Million)
Table 25 Other Robotic Welding Market (With Peripherals), by End-user, 2021-2026 (USD Million)
Table 26 Other Robotic Welding Market (With Peripherals), by Region, 2017-2020 (USD Million)
Table 27 Other Robotic Welding Market (With Peripherals), by Region, 2021-2026 (USD Million)
7 Robotic Welding Market, by Payload
7.1 Introduction
Figure 36 Robotic Welding Market, by Payload
Figure 37 >150 Kilogram Payload Segment to Account for Largest Size of Robotic Welding Market (With Peripherals) in 2021
Table 28 Robotic Welding Market (Without Peripherals), by Payload, 2017-2020 (USD Million)
Table 29 Robotic Welding Market (Without Peripherals), by Payload, 2021-2026 (USD Million)
Table 30 Robotic Welding Market (With Peripherals), by Payload, 2017-2020 (USD Million)
Table 31 Robotic Welding Market (With Peripherals), by Payload, 2021-2026 (USD Million)
7.2 <50 Kilogram Payload
7.2.1 Use of <50 Kilogram Payload Welding Robots in Light and Highly Precise Applications
Table 32 Robotic Welding Market (With Peripherals) for <50 Kilogram Payload, by Region, 2017-2020 (USD Million)
Table 33 Robotic Welding Market (With Peripherals) for <50 Kilogram Payload, by Region, 2021-2026 (USD Million)
7.3 50-150 Kilogram Payload
7.3.1 50-150 Kilogram Payload Segment of Robotic Welding Market (With Peripherals) to Grow at Highest CAGR from 2021 to 2026
Table 34 Robotic Welding Market (With Peripherals) for 50-150 Kilogram Payload, by Region, 2017-2020 (USD Million)
Table 35 Robotic Welding Market (With Peripherals) for 50-150 Kilogram Payload, by Region, 2021-2026 (USD Million)
7.4 >150 Kilogram Payload
7.4.1 >150 Kilogram Payload Segment to Hold Largest Share of Robotic Welding Market (With Peripherals) from 2021 to 2026
Figure 38 APAC to Lead Robotic Welding Market (With Peripherals) for >150 Kilogram Payload from 2021 to 2026
Table 36 Robotic Welding Market (With Peripherals) for >150 Kilogram Payload, by Region, 2017-2020 (USD Million)
Table 37 Robotic Welding Market (With Peripherals) for >150 Kilogram Payload, by Region, 2021-2026 (USD Million)
8 Robotic Welding Market, by End-user
8.1 Introduction
Figure 39 Robotic Welding Market, by End-user
Figure 40 Automotive and Transportation Segment to Lead Robotic Welding Market (With Peripherals) from 2021 to 2026
Table 38 Robotic Welding Market (Without Peripherals), by End-user, 2017-2020 (USD Million)
Table 39 Robotic Welding Market (Without Peripherals), by End-user, 2021-2026 (USD Million)
Table 40 Robotic Welding Market (Without Peripherals), by End-user, 2017-2020 (Units)
Table 41 Robotic Welding Market (Without Peripherals), by End-user, 2021-2026 (Units)
Table 42 Robotic Welding Market (With Peripherals), by End-user, 2017-2020 (USD Million)
Table 43 Robotic Welding Market (With Peripherals), by End-user, 2021-2026 (USD Million)
8.2 Automotive and Transportation
8.2.1 Automotive and Transportation Industry to be Largest End-user of Welding Robots
Table 44 Robotic Welding Market (With Peripherals) for Automotive and Transportation, by Type, 2017-2020 (USD Million)
Table 45 Robotic Welding Market (With Peripherals) for Automotive and Transportation, by Type, 2021-2026 (USD Million)
Table 46 Robotic Welding Market (With Peripherals) for Automotive and Transportation, by Region, 2017-2020 (USD Million)
Table 47 Robotic Welding Market (With Peripherals) for Automotive and Transportation, by Region, 2021-2026 (USD Million)
Figure 41 APAC to Lead Robotic Welding Market (Without Peripherals) for Automotive and Transportation from 2021 to 2026
Table 48 Robotic Welding Market (Without Peripherals) for Automotive and Transportation, by Region, 2017-2020 (Units)
Table 49 Robotic Welding Market (Without Peripherals) for Automotive and Transportation, by Region, 2021-2026 (Units)
8.3 Metals and Machinery
8.3.1 Welding Robots Enhance Productivity of Metals and Machinery Industry and Help Achieve Marked Gains in Terms of Time-To-Market and Cost Metrics
Table 50 Robotic Welding Market (With Peripherals) for Metals and Machinery, by Type, 2017-2020 (USD Million)
Table 51 Robotic Welding Market (With Peripherals) for Metals and Machinery, by Type, 2021-2026 (USD Million)
Table 52 Robotic Welding Market (With Peripherals) for Metals and Machinery, by Region, 2017-2020 (USD Million)
Table 53 Robotic Welding Market (With Peripherals) for Metals and Machinery, by Region, 2021-2026 (USD Million)
Table 54 Robotic Welding Market (Without Peripherals) for Metals and Machinery, by Region, 2017-2020 (Units)
Table 55 Robotic Welding Market (Without Peripherals) for Metals and Machinery, by Region, 2021-2026 (Units)
8.4 Electrical and Electronics
8.4.1 Miniaturization of Electronic Devices Drives Demand for Robotic Welding Solutions in Electrical and Electronics Industry
Table 56 Robotic Welding Market (With Peripherals) for Electrical and Electronics, by Type, 2017-2020 (USD Million)
Table 57 Robotic Welding Market (With Peripherals) for Electrical and Electronics, by Type, 2021-2026 (USD Million)
Figure 42 Robotic Welding Market (With Peripherals) in APAC Projected to Grow at Highest CAGR from 2021 to 2026
Table 58 Robotic Welding Market (With Peripherals) for Electrical and Electronics, by Region, 2017-2020 (USD Million)
Table 59 Robotic Welding Market (With Peripherals) for Electrical and Electronics, by Region, 2021-2026 (USD Million)
Table 60 Robotic Welding Market (Without Peripherals) for Electrical and Electronics, by Region, 2017-2020 (Units)
Table 61 Robotic Welding Market (Without Peripherals) for Electrical and Electronics, by Region, 2021-2026 (Units)
8.5 Aerospace and Defense
8.5.1 Robotic Welding Lowers Manufacturing Costs and Improves Product Quality in Aerospace and Defense Industry
Figure 43 Spot Welding Robots Segment to Account for Largest Size of Robotic Welding Market (With Peripherals) for Aerospace and Defense from 2021 to 2026
Table 62 Robotic Welding Market (With Peripherals) for Aerospace and Defense, by Type, 2017-2020 (USD Million)
Table 63 Robotic Welding Market (With Peripherals) for Aerospace and Defense, by Type, 2021-2026 (USD Million)
Table 64 Robotic Welding Market (With Peripherals) for Aerospace and Defense, by Region, 2017-2020 (USD Million)
Table 65 Robotic Welding Market (With Peripherals) for Aerospace and Defense, by Region, 2021-2026 (USD Million)
Table 66 Robotic Welding Market (Without Peripherals) for Aerospace and Defense, by Region, 2017-2020 (Units)
Table 67 Robotic Welding Market (Without Peripherals) for Aerospace and Defense, by Region, 2021-2026 (Units)
8.6 Others
Table 68 Robotic Welding Market (With Peripherals) for Other End-users, by Type, 2017-2020 (USD Million)
Table 69 Robotic Welding Market (With Peripherals) for Other End-users, by Type, 2021-2026 (USD Million)
Table 70 Robotic Welding Market (With Peripherals) for Other End-users, by Region, 2017-2020 (USD Million)
Table 71 Robotic Welding Market (With Peripherals) for Other End-users, by Region, 2021-2026 (USD Million)
Table 72 Robotic Welding Market (Without Peripherals) for Other End-users, by Region, 2017-2020 (Units)
Table 73 Robotic Welding Market (Without Peripherals) for Other End-users, by Region, 2021-2026 (Units)
9 Geographic Analysis
9.1 Introduction
Figure 44 Robotic Welding Market, by Region
Figure 45 Robotic Welding Market (With Peripherals) in APAC to Grow at Highest CAGR from 2021 to 2026
Table 74 Robotic Welding Market (Without Peripherals), by Region, 2017-2020 (USD Million)
Table 75 Robotic Welding Market (Without Peripherals), by Region, 2021-2026 (USD Million)
Table 76 Robotic Welding Market (Without Peripherals), by Region, 2017-2020 (Units)
Table 77 Robotic Welding Market (Without Peripherals), by Region, 2021-2026 (Units)
Table 78 Robotic Welding Market (With Peripherals), by Region, 2017-2020 (USD Million)
Table 79 Robotic Welding Market (With Peripherals), by Region, 2021-2026 (USD Million)
9.2 North America
Figure 46 Snapshot: Robotic Welding Market in North America
Table 80 Robotic Welding Market (With Peripherals) in North America, by Type, 2017-2020 (USD Million)
Table 81 Robotic Welding Market (With Peripherals) in North America, by Type, 2021-2026 (USD Million)
Table 82 Robotic Welding Market (With Peripherals) in North America, by Payload, 2017-2020 (USD Million)
Table 83 Robotic Welding Market (With Peripherals) in North America, by Payload, 2021-2026 (USD Million)
Table 84 Robotic Welding Market (With Peripherals) in North America, by End-user, 2017-2020 (USD Million)
Table 85 Robotic Welding Market (With Peripherals) in North America, by End-user, 2021-2026 (USD Million)
Table 86 Robotic Welding Market (Without Peripherals) in North America, by End-user, 2017-2020 (Units)
Table 87 Robotic Welding Market (Without Peripherals) in North America, by End-user, 2021-2026 (Units)
Table 88 Robotic Welding Market (With Peripherals) in North America, by Country, 2017-2020 (USD Million)
Table 89 Robotic Welding Market (With Peripherals) in North America, by Country, 2021-2026 (USD Million)
Table 90 Robotic Welding Market (Without Peripherals) in North America, by Country, 2017-2020 (Units)
Table 91 Robotic Welding Market (Without Peripherals) in North America, by Country, 2021-2026 (Units)
9.2.1 US
9.2.1.1 US to Lead Robotic Welding Market (With Peripherals) in North America from 2021 to 2026
Table 92 Robotic Welding Market (With Peripherals) in the US, by Type, 2017-2020 (USD Million)
Table 93 Robotic Welding Market (With Peripherals) in the US, by Type, 2021-2026 (USD Million)
9.2.2 Canada
9.2.2.1 Growth of Manufacturing Sector in Canada to Drive Adoption of Welding Robots in Country
Table 94 Robotic Welding Market (With Peripherals) in Canada, by Type, 2017-2020 (USD Million)
Table 95 Robotic Welding Market (With Peripherals) in Canada, by Type, 2021-2026 (USD Million)
9.2.3 Mexico
9.2.3.1 Large Automobile Exports from Mexico Under Nafta Contribute to Rising Demand for Welding Robots in Country
Table 96 Robotic Welding Market (With Peripherals) in Mexico, by Type, 2017-2020 (USD Million)
Table 97 Robotic Welding Market (With Peripherals) in Mexico, by Type, 2021-2026 (USD Million)
9.3 Europe
Figure 47 Snapshot: Robotic Welding Market in Europe
Table 98 Robotic Welding Market (With Peripherals) in Europe, by Type, 2017-2020 (USD Million)
Table 99 Robotic Welding Market (With Peripherals) in Europe, by Type, 2021-2026 (USD Million)
Table 100 Robotic Welding Market (With Peripherals) in Europe, by Payload, 2017-2020 (USD Million)
Table 101 Robotic Welding Market (With Peripherals) in Europe, by Payload, 2021-2026 (USD Million)
Table 102 Robotic Welding Market (With Peripherals) in Europe, by End-user, 2017-2020 (USD Million)
Table 103 Robotic Welding Market (With Peripherals) in Europe, by End-user, 2021-2026 (USD Million)
Table 104 Robotic Welding Market (Without Peripherals) in Europe, by End-user, 2017-2020 (Units)
Table 105 Robotic Welding Market (Without Peripherals) in Europe, by End-user, 2021-2026 (Units)
Figure 48 Germany to Account for Largest Size of Robotic Welding Market (With Peripherals) from 2021 to 2026
Table 106 Robotic Welding Market (With Peripherals) in Europe, by Country, 2017-2020 (USD Million)
Table 107 Robotic Welding Market (With Peripherals) in Europe, by Country, 2021-2026 (USD Million)
Table 108 Robotic Welding Market (Without Peripherals) in Europe, by Country, 2017-2020 (Units)
Table 109 Robotic Welding Market (Without Peripherals) in Europe, by Country, 2021-2026 (Units)
9.3.1 UK
9.3.1.1 Robotic Welding Market (With Peripherals) in the UK to Grow at Highest CAGR from 2021 to 2026
Table 110 Robotic Welding Market (With Peripherals) in the UK, by Type, 2017-2020 (USD Million)
Table 111 Robotic Welding Market (With Peripherals) in the UK, by Type, 2021-2026 (USD Million)
9.3.2 France
9.3.2.1 Aerospace and Defense Industry and Government Initiatives to Support Growth of Robotic Welding Market (With Peripherals) in France
Table 112 Robotic Welding Market (With Peripherals) in France, by Type, 2017-2020 (USD Million)
Table 113 Robotic Welding Market (With Peripherals) in France, by Type, 2021-2026 (USD Million)
9.3.3 Germany
9.3.3.1 Automotive and Transportation Industry to Spur Growth of Robotic Welding Market (With Peripherals) in Germany
Table 114 Robotic Welding Market (With Peripherals) in Germany, by Type, 2017-2020 (USD Million)
Table 115 Robotic Welding Market (With Peripherals) in Germany, by Type, 2021-2026 (USD Million)
9.3.4 Spain
9.3.4.1 Risen Demand for Arc and Spot Welding Robots in Automotive and Transportation Industry to Propel Market Growth in Spain
Table 116 Robotic Welding Market (With Peripherals) in Spain, by Type, 2017-2020 (USD Million)
Table 117 Robotic Welding Market (With Peripherals) in Spain, by Type, 2021-2026 (USD Million)
9.3.5 Italy
9.3.5.1 Italy Witnesses Highest Production of Automobiles in Europe, Leading to Growth of Robotic Welding Market (With Peripherals) in Country
Table 118 Robotic Welding Market (With Peripherals) in Italy, by Type, 2017-2020 (USD Million)
Table 119 Robotic Welding Market (With Peripherals) in Italy, by Type, 2021-2026 (USD Million)
9.3.6 Rest of Europe
Table 120 Robotic Welding Market (With Peripherals) in Rest of Europe, by Type, 2017-2020 (USD Million)
Table 121 Robotic Welding Market (With Peripherals) in Rest of Europe, by Type, 2021-2026 (USD Million)
9.4 APAC
Figure 49 Snapshot: Robotic Welding Market in APAC
Table 122 Robotic Welding Market (With Peripherals) in APAC, by Type, 2017-2020 (USD Million)
Table 123 Robotic Welding Market (With Peripherals) in APAC, by Type, 2021-2026 (USD Million)
Table 124 Robotic Welding Market (With Peripherals) in APAC, by Payload, 2017-2020 (USD Million)
Table 125 Robotic Welding Market (With Peripherals) in APAC, by Payload, 2021-2026 (USD Million)
Table 126 Robotic Welding Market (With Peripherals) in APAC, by End-user, 2017-2020 (USD Million)
Table 127 Robotic Welding Market (With Peripherals) in APAC, by End-user, 2021-2026 (USD Million)
Table 128 Robotic Welding Market (Without Peripherals) in APAC, by End-user, 2017-2020 (Units)
Table 129 Robotic Welding Market (Without Peripherals) in APAC, by End-user, 2021-2026 (Units)
Figure 50 Robotic Welding Market (With Peripherals) in China to Grow at Highest CAGR from 2021 to 2026
Table 130 Robotic Welding Market (With Peripherals) in APAC, by Country, 2017-2020 (USD Million)
Table 131 Robotic Welding Market (With Peripherals) in APAC, by Country, 2021-2026 (USD Million)
Table 132 Robotic Welding Market (Without Peripherals) in APAC, by Country, 2017-2020 (Units)
Table 133 Robotic Welding Market (Without Peripherals) in APAC, by Country, 2021-2026 (Units)
9.4.1 China
9.4.1.1 China to Lead Robotic Welding Market (With Peripherals) from 2021 to 2026
Table 134 Robotic Welding Market (With Peripherals) in China, by Type, 2017-2020 (USD Million)
Table 135 Robotic Welding Market (With Peripherals) in China, by Type, 2021-2026 (USD Million)
9.4.2 Japan
9.4.2.1 Emergence of Japan as Predominant Industrial Robot Manufacturer in World
Table 136 Robotic Welding Market (With Peripherals) in Japan, by Type, 2017-2020 (USD Million)
Table 137 Robotic Welding Market (With Peripherals) in Japan, by Type, 2021-2026 (USD Million)
9.4.3 India
9.4.3.1 Strict Adherence to Quality Standards, Along with Rising Costs of Skilled Labor, Urge Companies in India to Invest in Robotics and Automation
Table 138 Robotic Welding Market (With Peripherals) in India, by Type, 2017-2020 (USD Million)
Table 139 Robotic Welding Market (With Peripherals) in India, by Type, 2021-2026 (USD Million)
9.4.4 South Korea
9.4.4.1 Electrical and Electronics Industry in South Korea to Fuel Growth of Robotic Welding Market (With Peripherals)
Table 140 Robotic Welding Market (With Peripherals) in South Korea, by Type, 2017-2020 (USD Million)
Table 141 Robotic Welding Market (With Peripherals) in South Korea, by Type, 2021-2026 (USD Million)
9.4.5 Taiwan
9.4.5.1 Large Industrial Base in Taiwan Drives Growth of Robotic Welding Market (With Peripherals) in Country
Table 142 Robotic Welding Market (With Peripherals) in Taiwan, by Type, 2017-2020 (USD Million)
Table 143 Robotic Welding Market (With Peripherals) in Taiwan, by Type, 2021-2026 (USD Million)
9.4.6 Rest of APAC
Table 144 Robotic Welding Market (With Peripherals) in Rest of APAC, by Type, 2017-2020 (USD Million)
Table 145 Robotic Welding Market (With Peripherals) in Rest of APAC, by Type, 2021-2026 (USD Million)
9.5 RoW
Table 146 Robotic Welding Market (With Peripherals) in RoW, by Type, 2017-2020 (USD Million)
Table 147 Robotic Welding Market (With Peripherals) in RoW, by Type, 2021-2026 (USD Million)
Table 148 Robotic Welding Market (With Peripherals) in RoW, by Payload, 2017-2020 (USD Million)
Table 149 Robotic Welding Market (With Peripherals) in RoW, by Payload, 2021-2026 (USD Million)
Figure 51 Automotive and Transportation Segment to Account for Largest Size of Robotic Welding Market (With Peripherals) from 2021 to 2026
Table 150 Robotic Welding Market (With Peripherals) in RoW, by End-user, 2017-2020 (USD Million)
Table 151 Robotic Welding Market (With Peripherals) in RoW, by End-user, 2021-2026 (USD Million)
Table 152 Robotic Welding Market (Without Peripherals) in RoW, by End-user, 2017-2020 (Units)
Table 153 Robotic Welding Market (Without Peripherals) in RoW, by End-user, 2021-2026 (Units)
Table 154 Robotic Welding Market (With Peripherals) in RoW, by Region, 2017-2020 (USD Million)
Table 155 Robotic Welding Market (With Peripherals) in RoW, by Region, 2021-2026 (USD Million)
Table 156 Robotic Welding Market (Without Peripherals) in RoW, by Region, 2017-2020 (Units)
Table 157 Robotic Welding Market (Without Peripherals) in RoW, by Region, 2021-2026 (Units)
9.5.1 Middle East and Africa
9.5.1.1 Oil and Gas Industry to Create Lucrative Growth Opportunities for Robotic Welding Market in Middle East and Africa
Table 158 Robotic Welding Market (With Peripherals) in Middle East and Africa, by Type, 2017-2020 (USD Million)
Table 159 Robotic Welding Market (With Peripherals) in Middle East and Africa, by Type, 2021-2026 (USD Million)
9.5.2 South America
9.5.2.1 Mining and Automotive Industry to Drive Market Growth in South America
Table 160 Robotic Welding Market (With Peripherals) in South America, by Type, 2017-2020 (USD Million)
Table 161 Robotic Welding Market (With Peripherals) in South America, by Type, 2021-2026 (USD Million)
10 Competitive Landscape
10.1 Overview
10.2 Market Evaluation Framework
Table 162 Overview of Strategies Deployed by Key Robotic Welding Companies
10.2.1 Product Portfolio
10.2.2 Regional FocUS
10.2.3 Manufacturing Footprint
10.2.4 Organic/Inorganic Strategies
10.3 Market Share Analysis, 2020
Table 163 Degree of Competition in Robotic Welding Market, 2020
Table 164 Ranking Analysis of Key Companies Offering Arc Welding Robots
Table 165 Ranking Analysis of Key Companies Offering Spot Welding Robots
10.4 5-Year Company Revenue Analysis
Figure 52 5-Year Revenue Analysis of Top 5 Players in Robotic Welding Market
10.5 Company Evaluation Matrix
10.5.1 Star
10.5.2 Emerging Leader
10.5.3 Pervasive
10.5.4 Participant
Figure 53 Robotic Welding Market: Company Evaluation Matrix, 2020
10.6 Start-Up/SME Evaluation Matrix
Table 166 Start-Ups/SME in Robotic Welding Market
10.6.1 Progressive Company
10.6.2 Responsive Company
10.6.3 Dynamic Company
10.6.4 Starting Block
Figure 54 Robotic Welding Market, Start-Up/SME Evaluation Matrix, 2020
10.7 Company Footprint
Table 167 Company Welding Robot Type Footprint
Table 168 Company End-user Footprint
Table 169 Company Regional Footprint
Table 170 Company Footprint
10.8 Competitive Situations and Trends
Figure 55 Robotic Welding Market Witnessed Significant Developments from January 2018 to December 2020
10.8.1 Product Launches
Table 171 Product Launches, January 2021-December 2020
10.8.2 Deals
Table 172 Deals, January 2018-December 2020
10.8.3 Others
Table 173 Expansion, January 2018-December 2020
11 Company Profiles
11.1 Key Players
Business Overview, Products/Solutions Offered, Recent Developments, Product Launches, Deals, Analyst's View, Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats
11.1.1 Fanuc Corporation
Table 174 Fanuc Corporation: Business Overview
Figure 56 Fanuc Corporation: Company Snapshot
11.1.2 Yaskawa Electric Corporation
Table 175 Yaskawa Electric Corporation: Business Overview
Figure 57 Yaskawa Electric Corporation: Company Snapshot
11.1.3 Kuka AG
Table 176 Kuka AG: Business Overview
Figure 58 Kuka AG: Company Snapshot
11.1.4 ABB
Table 177 ABB: Business Overview
Figure 59 ABB: Company Snapshot
11.1.5 Kawasaki Heavy Industries, Ltd.
Table 178 Kawasaki Heavy Industries, Ltd.: Business Overview
Figure 60 Kawasaki Heavy Industries, Ltd.: Company Snapshot
11.1.6 Panasonic Corporation
Table 179 Panasonic Corporation: Business Overview
Figure 61 Panasonic Corporation: Company Snapshot
11.1.7 Daihen Corporation
Table 180 Daihen Corporation: Business Overview
11.1.8 Nachi-Fujikoshi Corp.
Table 181 Nachi-Fujikoshi Corp.: Business Overview
Figure 62 Nachi-Fujikoshi Corp.: Company Snapshot
11.1.9 Comau S.P.A.
Table 182 Comau S.P.A.: Business Overview
11.1.10 Hyundai Robotics
Table 183 Hyundai Robotics: Business Overview
11.2 Other Players
11.2.1 Igm Robotersysteme AG
11.2.2 Estun Automation Co. Ltd.
11.2.3 The Lincoln Electric Company
11.2.4 Kemppi Oy
11.2.5 Fronius International Gmbh
11.2.6 Stäubli International AG
11.2.7 Esab
11.2.8 Shanghai Step Electric Corporation
11.2.9 Siasun Robot Automation Co. Ltd.
11.2.10 United Proarc Corporation
Details on Business Overview, Products/Solutions Offered, Recent Developments, Product Launches, Deals, Analyst's View, Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.
12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
Companies Mentioned
- ABB
- Comau S.P.A.
- Daihen Corporation
- Esab
- Estun Automation Co. Ltd.
- Fanuc Corporation
- Fronius International Gmbh
- Hyundai Robotics
- Igm Robotersysteme AG
- Kawasaki Heavy Industries, Ltd.
- Kemppi Oy
- Kuka AG
- Nachi-Fujikoshi Corp.
- Panasonic Corporation
- Shanghai Step Electric Corporation
- Siasun Robot Automation Co. Ltd.
- Stäubli International AG
- The Lincoln Electric Company
- United Proarc Corporation
- Yaskawa Electric Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 221 |
| Published | May 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 7.1 Billion |
| Forecasted Market Value ( USD | $ 11.7 Billion |
| Compound Annual Growth Rate | 10.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 20 |
